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    Michelangelo Apartments, a 494-unit affordable building, is a 43-year-old Mitchell-Lama community that will be renovated and preserved as affordable for another 40 years as a result of the deal.

    14 June 2017 16:56
  • Electra America Adds New EVP

    Stacey Bondar joined the company as executive vice president of asset management. She will be responsible for overseeing the property management teams of the company's 70 multifamily communities.

    05 May 2017 15:14
  • Economy Watch: Employment Stable in Most States

    Unemployment rates were higher in August in only eight states, lower in one state, and stable in 41 states and D.C., according to the Bureau of Labor Statistics latest jobs report.

    18 September 2017 13:11
  • Leasing Begins at LMC’s Chicago Apartments

    The Emerson, a mixed-use, transit-oriented development, features 270 units in a five-story, low-rise building and a 20-story high rise.

    22 May 2017 15:00
  • Tackling Affordability with Fannie Mae’s Multifamily Chief

    Renters who struggle to meet rising monthly payments with modest incomes are also fighting to live close to work, school or family members. To combat this problem, Fannie Mae's Executive Vice President and Head of Multifamily Jeff Hayward calls on all stakeholders to rethink the way they create housing for low- and moderate-income residents.

    14 June 2017 15:36
  • 3 Common Design Mistakes That Keep Renters at Bay

    Today’s renters—accustomed to boutique hotels, smart coffee shops and restaurants where the décor is as important as the menu—are visually sophisticated and highly design conscious. They want spaces that look good, function well and feel just right.

    09 October 2017 14:26
  • Lantower Residential Acquires Austin Apartments

    The 375-unit NXNE was completed in 2016. Located in the Tech Ridge district, the community is near several employers, including Dell, Apple, IBM and Samsung.

    10 May 2017 14:21
  • Fort Worth Community Changes Hands

    Madera Residential sold Valencia, a 263-unit community, to a Dallas-based investment firm. Marcus & Millichap represented the seller and secured the buyer.

    27 July 2017 15:16
  • CMBS Delinquencies

    Delinquencies continued to drop year-over-year as of June 2017, except for the lodging sector, which increased by $1 million.

    24 July 2017 15:44
  • WTC Secures $70M for Suburban Chicago Property

    The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.

    28 June 2017 08:28